If you have residential rentals you may be aware there are some new legislation changes coming in the new financial year. These changes limit your ability to offset any residential rental losses against other forms of income (this is called ring-fencing). Therefore, if you have any significant repairs and maintenance plans for your residential rentals, it would be tax advantageous to get in quick and do these repairs before 31 March 2019, if you think they may result in a rental loss. Click here to view the previous newsletter for more information
